The idled Old Town Mill has a new buyer. ND Paper LLC says it’s purchasing the paper mill, which has had several owners in recent years. It’s currently owned by OTM Holdings LLC.
ND paper, a wholly-owned subsidiary of China-based Nine Dragons Paper, also owns a paper mill in Rumford. The company says it plans several changes to the Old Town operation it expects to substantially lower manufacturing costs. Continue reading “Idled Old Town Paper Mill Being Bought By China-Based Owner Of Rumford Mill”